Capital Power

Sr. Energy Trader

LocationCalgary, AB
Job Typefull_time

About This Job

To apply on this position please go to http://www.capitalpower.com/careers and search for JR806370


A little about Capital Power

Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power

. This north star guides our ambitions, focus, and actions as we transform our energy system to power a lower-carbon future. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America.

Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter – we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!


Your Opportunity


One Permanent Full Time Position

This role is to focus on forward managing of Capital Power’s AESO power and transmission portfolio exposures from next day through to 5-years forward.

This is a key position that requires a firm understanding of AESO and surrounding region power market fundamentals and the ability to translate these fundamentals into portfolio strategy and ultimately trade execution to deliver the highest risk-adjusted return possible.

You will contribute to our team by:

Work towards delivering $500-$800M of annual AESO portfolio EBITDA, including incremental trading targets that range from $15M to $30M/year

Updating, running and maintaining AESO fundamental models to forecast power prices and positions
Creating and recommend portfolio strategy and positioning for the next ~18-months
Pricing of Origination deals
Executing the Long-Term Hedging Plan across the 2-10-year+ horizon
Aligning with our gas trading and related strategy to ensure optimal spark spread hedge value is delivered
Interfacing with the Real-Time desk/manager on asset operations and short-term strategies
Optimizing our long-term transmission assets into Mid-C through trading Mid-C markets and creating trading value through-time.
Creating and trade Ancillary Services strategies
Running daily P&L models
Proactively communicating market and portfolio changes to leadership
Providing input into regulatory files such as AESO market redesign

What you will bring to the role:


Education:

Minimum a bachelor's degree in engineering, economics, computer science, finance and / or mathematics
Preference towards CFA, FRM or other financial designation holders


Experience:

Ideally a minimum of 5-years of transactional and analytical experience, ideally closer to 10-years


Technical Skills:

Full proficiency with Excel
Preference towards individuals who have competency with data and coding, specifically working knowledge of Python, R, SQL, snowflake, data bricks and otherwise


Working Conditions:

4-days a week in the office, Mon – Thurs. May require 5-days a week in the office along with some odd hours and weekend work depending on the season and what is happening in the portfolio. No travel required.


Additional Details:

This position will remain open until a suitable candidate is found.

In order to be considered for this role you must be legally eligible to work in Canada.

The successful candidate for this position will undergo an education verification, reference checks and criminal record check.

We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.

Depending on the posting requirements relocation assistance may be available.

To apply on this position please go to http://www.capitalpower.com/careers and search for JR806370

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